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20121201
20121231
Search Results 0 to 5 of about 6 (some duplicates have been removed)
about the contrast between the u.k. and the united states which i think is revealing, and some world's about -- words about challenges facing the world economy which is more important than those facing individual countries alone. the united kingdom was hit very badly by the financial crisis. total gdp fell by 6% between the peak at the beginning of 2008 and the trough in the second quarter of 2009. output still remains 3% below the peak level. and more than 15% below levels that output would have reached have the long run average growth rate merely continued. on top of that, the inflation rate has been a 2% target. and in the wake of the financial crisis, the budget deficit reached a level of 11% of gdp, a good part of that being structural. we have serious problems to contend with when trying to put in place an economic recovery program in 2009-2010. it was clear at that point that the u.k. needed a major rebalancing of our economy. the shift of spending away from consumption, private and public and toward the net exports whether exports or production to compete with imports. the st
at all? >> "24" and "homeland" are popular not just in germany and u.k. but in jordan and turkey. "24" is a huge hit in iran. it's beamed in illegally by -- you're not getting paid for it? >> no. but i do think. >> but it's smuggled in a lot. the actor is persian and has a lot of connections in iran and he's been tracking "homeland" in iran. >> it is stunningly popular but i've read a few criticisms of the show and to the extent that we make piss people off on every side of the aisle and are embraced by them too is a good thing. one thing i did learn is that as an export, as a public face, we do have some responsibility, some influence on -- this is an american export and we are good at this. we make really good movies and television shows. it is what the world sees of us. and there was a book by a researcher at the gallop organization and they polled people in egypt what is your feeling about americans. i don't like america but i like americans. and a very small percentage had never met an american. and they said how dow know and the answer was "friends". >> based on that i like amer
. with that kind of help. the u.k. has supported us very much. we have been recently asking canada to support us on some of our structural reforms. in my case, right now, military reforms. it is getting a kind of support that is allowing us to get into these different levels. not all cases are equal, but it depends on what you find. for most, the idea of intervention and, i think it is better thinking about cooperation, even with the difficult partners. >> i really would like to get to the audience now. we have a fabulous panel. >> thank you so much. i'm from the united states. thank you, mr. mackay for your hospitality this year. this is a brilliant events. i have to say thank you to senator mccain for your service to our country and your calendar, as usual. -- your candor. the title -- of the really are the good guys -- have the special burden. for the first time have been convened in halifax, canada is in the chair of the arctic council. after canada's chairmanship it will be the united states. there are only eight nations making up the arctic council, but the whole world is interested. china
in the subset than in australia and the u.k., they tend to be only about 10 to 15%. money comes from the private sector in terms of equity, that is. and it really is because the cost of capital for that equity is definitely based on precedent deals north of 10% cost of capital. so for projects like this they would start with grant money first, then maybe any potential subsidized or low cost loans, and then eventually figure out how much more additional capital would be needed and dowled private sector come up with that amount. and given the size of the total project, i think we haven't had the ability to say if that's -- if there is enough capital to do that but in segments and given general interest in rail, i believe if structured appropriately there should be a way to do this. >> but you say 10 to 15% of the total project cost would come from private capital. >> that's right. >> where would the rest come from? >> if you look at some of the examples like the toll roads built in florida a lot of it comes from federal or state funds. it's not to say these are grants but a lot of times they are p
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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